Rebecca Stumpf

Former DebtHammer Managing Editor Rebecca Stumpf is an award-winning journalist with 30+ years of experience working for daily newspapers. Her work has appeared on CNN, CNBC, Business Insider and DallasNews.com. She is an expert at using balance transfer credit cards for debt consolidation and is passionate about helping people get out of debt.

Best Personal Loan Options After Declaring Bankruptcy (Avoid Payday Loans)

When a person files for bankruptcy, their credit score dives. This makes it extremely difficult to qualify for most forms of new credit. Most traditional lenders, including banks and credit unions, will reject applications for unsecured loans from consumers with bad credit or derogatory marks (ex., bankruptcy, charged-off accounts or accounts in collections) on their

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Debt consolidation is a proven form of debt relief, but it may not be the best choice if you've just lost your job or are collecting unemployment. DebtHammer breaks down some alternatives.

Debt Consolidation for the Unemployed: How to Tackle Debt When You’re Between Jobs

According to a May 2022 LendingClub survey, around 64% of Americans live paycheck to paycheck. Living paycheck to paycheck is not an issue isolated only to low-income people. It can happen to anyone at any income level. So what happens if you lose your job? Will you be able to consolidate your debts to keep

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DebtHammer's free guide to debt relief details several options for Illinois residents, including hardship programs, consolidation and other financial resources.

Illinois Debt Relief: The Tools You Need to Escape the Debt Trap

Roughly 12,582,032 people make Illinois their home. Although the typical resident’s personal income is only $59,650, the state’s lower-than-average cost of living helps balance things out. Even so, many Illinois residents struggle to find debt relief and manage day-to-day expenses. In fact, the average debt per capita is $49,480 (excluding mortgages). Also, the state’s official

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DebtHammer's free guide to debt relief details several options for North Carolina residents, including hardship programs, consolidation and other financial resources.

North Carolina Debt Relief: The Tools You Need to Escape the Debt Trap

Looking for debt relief in North Carolina? You’re not alone. North Carolina is home to about 10,551,162 people, many of whom struggle financially. The average personal income is $53,100, roughly $17,000 below the national average. Along with this, the state ranks 40th in terms of poverty rate at 13.6%, which is 2% higher than the

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